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ISIN
US9219355081
CUSIP
921935508
Issuer
Vanguard
Inception Date
Feb 13, 2018
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Multi-Cap
Asset Class Style
Blend
Assets Under Management
$2B

Share Price Chart


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Performance

VFMO Performance Chart

Vanguard U.S. Momentum Factor ETF (VFMO) is up 28.8% since the beginning of the year. VFMO is currently trading at $246 per share. Investors who bought $1,000 worth of VFMO shares 5 years ago would now be looking at an investment worth $1,997.


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S&P 500 Index

Returns By Period

Vanguard U.S. Momentum Factor ETF (VFMO) has returned 28.82% so far this year and 49.52% over the past 12 months.


Vanguard U.S. Momentum Factor ETF

1D
1.63%
1M
7.16%
YTD
28.82%
6M
25.09%
1Y
49.52%
3Y*
28.88%
5Y*
14.83%
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

VFMO Monthly Returns History

Based on dividend-adjusted daily data since Feb 15, 2018, VFMO's average daily return is +0.07%, while the average monthly return is +1.39%. At this rate, an investment would double in approximately 4.2 years.

Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +14.7%, while the worst month was Mar 2020 at -15.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, VFMO closed higher 55% of trading days. The best single day was Mar 24, 2020 with a return of +9.6%, while the worst single day was Mar 16, 2020 at -13.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20265.60%3.43%-5.53%13.58%4.03%5.66%28.82%
20255.08%-4.29%-8.05%0.45%7.90%5.27%1.32%3.59%6.01%2.65%-2.23%-0.37%17.39%
20242.20%9.18%3.37%-6.22%5.75%0.33%3.85%1.50%1.83%0.60%10.02%-7.48%26.14%
20234.05%-2.34%-2.58%-0.97%0.43%8.59%3.22%-3.45%-6.03%-5.08%11.89%9.33%16.25%
2022-8.96%1.27%3.26%-8.43%2.35%-9.58%8.36%-0.39%-7.64%12.87%2.14%-6.00%-12.84%
20215.27%5.65%-1.01%2.73%1.41%2.02%-1.96%3.39%-3.32%6.71%-3.72%1.14%19.16%

Benchmark Metrics

Vanguard U.S. Momentum Factor ETF has an annualized alpha of 2.50%, beta of 1.08, and R2 of 0.77 versus S&P 500 Index. Calculated based on daily prices since February 15, 2018.

  • This ETF captured 107.49% of S&P 500 Index gains but only 96.40% of its losses - a favorable profile for investors.
  • This ETF generated an annualized alpha of 2.50% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • With beta of 1.08 and R2 of 0.77, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha
2.50%
Beta
1.08
0.77
Upside Capture
107.49%
Downside Capture
96.40%

Expense Ratio

VFMO has an expense ratio of 0.13%, which is considered low.


Return for Risk

Risk / Return Rank

VFMO ranks 74 for risk / return — better than 74% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


VFMO Risk / Return Rank: 7474
Overall Rank
VFMO Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
VFMO Sortino Ratio Rank: 6464
Sortino Ratio Rank
VFMO Omega Ratio Rank: 6565
Omega Ratio Rank
VFMO Calmar Ratio Rank: 8585
Calmar Ratio Rank
VFMO Martin Ratio Rank: 8585
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Vanguard U.S. Momentum Factor ETF (VFMO) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


VFMOBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.21

Sortino ratioReturn per unit of downside risk

+0.11

Omega ratioGain probability vs. loss probability

1.38

1.37

+0.01

Calmar ratioReturn relative to maximum drawdown

4.53

2.78

+1.75

Martin ratioReturn relative to average drawdown

16.87

12.44

+4.43

Dividends

Dividend History

Vanguard U.S. Momentum Factor ETF provided a 0.38% dividend yield over the last twelve months, with an annual payout of $0.93 per share. The fund has been increasing its distributions for 2 consecutive years.


0.40%0.60%0.80%1.00%1.20%1.40%1.60%1.80%$0.00$0.50$1.00$1.50$2.0020182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018
Dividend$0.93$1.57$1.19$1.17$1.97$1.07$0.51$1.06$0.48

Dividend yield

0.38%0.82%0.72%0.89%1.72%0.81%0.45%1.22%0.70%

Monthly Dividends

The table displays the monthly dividend distributions for Vanguard U.S. Momentum Factor ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.23$0.00$0.00$0.00$0.23
2025$0.00$0.00$0.31$0.00$0.00$0.56$0.00$0.00$0.35$0.00$0.00$0.35$1.57
2024$0.00$0.00$0.16$0.00$0.00$0.32$0.00$0.00$0.27$0.00$0.00$0.44$1.19
2023$0.00$0.00$0.36$0.00$0.00$0.28$0.00$0.00$0.15$0.00$0.00$0.37$1.17
2022$0.00$0.00$0.36$0.00$0.00$0.56$0.00$0.00$0.49$0.00$0.00$0.56$1.97
2021$0.00$0.00$0.11$0.00$0.00$0.21$0.00$0.00$0.26$0.00$0.00$0.50$1.07

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Vanguard U.S. Momentum Factor ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Vanguard U.S. Momentum Factor ETF was 36.77%, occurring on Mar 23, 2020. Recovery took 90 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-36.77%Mar 2020
1mo 2d4mo 9d
5mo 11dFeb 2020 - Jul 2020
Rate-hike selloffLate 2018
-27.21%Dec 2018
3mo 20d12mo 1d
1y 3moSep 2018 - Dec 2019
Bear market2022
-25.80%Sep 2022
10mo 21d1y 4mo
2y 2moNov 2021 - Feb 2024
2025 selloff2025
-24.40%Apr 2025
4mo 12d4mo 6d
8mo 18dNov 2024 - Aug 2025
2024 correction2024
-12.18%Aug 2024
19d1mo 15d
2mo 4dJul 2024 - Sep 2024

Drawdown Indicators


VFMOBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-36.77%

-56.78%

+20.01%

Max Drawdown (1Y)

Largest decline over 1 year

-10.98%

-9.10%

-1.88%

Max Drawdown (3Y)

Largest decline over 3 years

-24.40%

-18.90%

-5.50%

Max Drawdown (5Y)

Largest decline over 5 years

-25.80%

-25.43%

-0.37%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

0.00%

-1.80%

+1.80%

Average Drawdown

Average peak-to-trough decline

-7.73%

-10.71%

+2.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.94%

2.03%

+0.91%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with VFMO

Add Vanguard U.S. Momentum Factor ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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